The post dYdX price prediction 2024 – 2030: Will dYdX hit $10? appeared on BitcoinEthereumNews.com.

Key Takeaways dYdX price faces volatility around $0.9. Our dYdX price prediction for 2024 expects a maximum price of $2.8. In 2030, we expect the dYdX price to touch $29.58.   The dYdX exchange captured significant attention late last year with the launch of its proprietary blockchain. The platform aimed to migrate its existing dYdX tokens from Ethereum to this new mainnet. However, in the fall of 2024, the platform disclosed that it was reducing its workforce by 35%. As dYdX’s on-chain activities surge, questions arise, such as: “Does dYdX have the potential to hit the $10 mark soon?” or “Will dYdX ever go up?” or “Where will dYdX be in 5 years?” Let’s answer them using our dYdX price prediction. Overview Cryptocurrency dYdX Token dYdX Price $0.94 Market Cap $611.61M Trading Volume $36.99M Circulating Supply 643.93M dYdX All-time High $4.53 All-time Low $0.8067 24-hour high $0.948 24-hour low $0.937 dYdX price prediction: Technical analysis Metric Value Current Price $ 0.975013 Price Prediction $ 3.23  (226.16%) Fear & Greed Index 69 (Greed) Sentiment Bearish Volatility 9.46% Green Days 16/30 (53%) 50-Day SMA $ 0.974762 200-Day SMA $ 1.459201 14-Day RSI 48.13 dYdX price analysis: dYdX faces increased bear pressure, potential breakout above $1.1 soon? TL;DR Breakdown: dYdX price analysis shows that dYdX is facing bearish pressure. Resistance for dYdX is present at $1.11. Support for dYdX/USD is present at $0.9.   The dYdX price analysis for November 3 confirms that dYdX is facing increased selling pressure toward the $0.9 mark. However, dYdX’s price now aims for a quick surge above the immediate resistance level. dYdX price analysis 1-day chart: dYdX price faces bearish volatility below $1 An analysis of the daily dYdX price chart shows that the token is facing intense bearish pressure as it aims to hold on to its momentum. As a…

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Filed under: News - @ November 3, 2024 4:04 am